February 21, 2018

Cayman Islands PAC Meetings begin Wednesday (21)

The Financial Reporting of the Cayman Islands Government General Report 2015 and 2016 Financial Audits Hearings are being held as follows. Hearing on Wednesday, 21 February 2018 at 9am. (Public Hearing); Hearing on Thursday, 22 February 2018 at 10am. (Public Hearing); Hearing on Friday, 23 February 2018 at 10am. (Public Hearing).

Stanford investing billions offshore in Central America and Caribbean, tax returns show

By Brian Contreras From Stanford Daily Stanford has nearly 10 billion dollars invested in Central America and the Caribbean, analysis of the University’s tax returns shows. Held offshore in places like Bermuda and the Cayman Islands, much of this money is not subject to taxes, including the 1.4 percent tax on University endowment earnings implemented […]

Cayman Islands: HSM adds new Head of Corporate & Commercial Department

The HSM Group is enhancing its legal services with a new Head of Corporate & Commercial law. Mr. Peter De Vere. Peter joins HSM from another top-tier law firm in the Cayman Islands and specialises in all areas of Cayman Islands corporate & commercial work with a special focus on asset finance, and secured lending. Peter […]

How many Model 3’s has Tesla actually built? This estimator tracks production

By Yoni Heisler From BGR Tesla’s production troubles with the Model 3 are still an ongoing concern for the EV maker, with Elon Musk just a few months back conceding that Tesla was in the midst of “production hell.” Though the company initially planned to manufacture 5,000 Model 3 units per month by the end […]

Cayman Islands: Auditor General seeks views on programme of performance audits

The Auditor General, Sue Winspear, is requesting the public to provide input to her Office’s (OAG) new performance audit programme. The plan will provide the public, members of the Legislative Assembly, the Government and wider public sector with clarity about the performance audits that will be carried out during 2018 and an indication of potential […]

iNews Briefs & Community Events

  Cayman Islands: Bodden Town Community Meeting Next Tuesday, 27 February Next Tuesday evening, 27 February, the RCIPS will hold a community meeting in Bodden Town. The meeting will be held from 6-8PM at the Bodden Town Civic Centre, next to the Bodden Town Police Station. The meeting is open to the public. Refreshments will […]

Visionaries Join Academy to save Blockchain

GRAND CAYMAN, The Cayman Islands, Feb. 19, 2018 /PRNewswire/ — Academy – School of Blockchain (“Academy”) introduces their superstar team of executives and advisors. Academy’s executive team and diverse advisory board reflect the dynamic and revolutionary nature of blockchain. As the world’s first accredited blockchain training program, Academy’s world-leading programs address the global shortfall in blockchain […]

CCJ delivers judgements in matter BCB HOLDINGS LTD, THE BELIZE BANK LTD V. The AG OF BELIZE

CCJ, Port of Spain. The Caribbean Court of Justice (CCJ) today declined to enforce an arbitral Award made by The London Court of International Arbitration (“the Tribunal”). The Award had ordered the State of Belize to pay to two Belizean Companies damages and costs totaling approximately US $44M with interest at 3.38% compounded annually. The […]

Belize Tourism Board raises $59,934 for CTO Relief Fund

from eTurboNews The Belize Tourism Board (BTB), in collaboration with tourism industry stakeholders, raised U.S. $59, 934.00 (Bz $119,868.00) as part of the Dollar for the Caribbean Relief Fund campaign. The fund was created to assist victims of Hurricanes Irma and Maria, which severely devastated many Caribbean countries in September last year. This morning Ms. […]

New Urban Agenda Action Plan for LAC calls for paradigm shift

By LEILA MEAD Thematic Expert for Climate Change and Sustainable Energy (US) From IISD STORY HIGHLIGHTS The Regional Action Plan for 2016-2036 includes six action areas and their strategic objectives, which comprise the key components necessary for implementing the New Urban Agenda in LAC. The RAP enables synergies with other global agreements and agendas. According […]